$3,900
1506 Cortlandt St, Houston, TX, 77008
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesWater Heater, Disposal, Gas Oven, Gas Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringWood
Exterior
Lot Size6,599 sqft
Building Information
Year Built1920
Garage Spaces3
Land Information
APN0201340000015
Lot Number15
SubdivisionHouston Heights
Land UseResidential
Legal DescriptionLT 15 BLK 138 HOUSTON HEIGHTS
Census Tract511302
Assessed Land Value$594,000
Assessed Improvement Value$120,172
Assessment Year2025
About this property
Incredible historical renovation by Bullethoof Homes in the heart of The Heights. Located on a tree lined shaded street, this home has 3 bedrooms 2 bathrooms, 2 car oversized garage, all new appliances, new custom built cabinetry, new quartz countertops, and much more! While home has been through a renovation process the owner made sure to keep all wavy glass windows and all the original 100+ year old floors. Massive outdoor deck off french doors in kitchen leading to your private fenced in yard. Available October 2026.
Investor Tools
$460,024Estimated Mortgage Balance
$294,407Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,506 /month
Positive
Cash Flow Estimate:
$1,502 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,414/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,212
$714,172
2025
$594,000
$120,172
$714,172
No
Tax History
Year
Tax Paid
Assessed Value
2024
$13,212
$714,172
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newfirst National Bank
Unknown
$500,000
No
First
Feb 22, 2022
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$460,024
$262,976
36%
61%
$2,998/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,880/mo
$2,998/mo
$-118/mo
4.6%
